Kerry Company has 1,000 shares of $100 par value, 9% preferred stock and 10,000 shares of $10 par value common stock outstanding. The preferred stock is cumulative and nonparticipating. Dividends were paid in 2006. Since 2006, Kerry has declared and paid dividends as follows: 2007: 0 2008: 10,000 2009: 20,000 2010: 25,000 Determine the amount of dividends to be allocated to preferred and common stockholders for each year 2008-2010, preferred stock is cumulative